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ACCC to live stream supermarkets enquiry

Inside Retail

The Australian Competition and Consumer Commission (ACCC) will live stream its upcoming public hearings for the supermarkets enquiry, scheduled from November 7 to 22. The public hearings will examine how retail prices relate to wholesale and farmgate prices, aiming to address the impact of these practices on consumers and suppliers alike.

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years. The timing of the inquiries for the supermarket sector was also not ideal with changes of leadership at Woolworths, Coles, Metcash, Costco and Aldi. billion, but booked provisions worth $1.6

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ACCC to conduct enquiry on Australian supermarkets’ pricing and competition

Inside Retail

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The regulator’s investigation resulted in identifying more than 700 potentially restrictive leases.

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Chinese retailers’ pricing strategy risks ‘vicious cycle’ of low margins

Inside Retail

Reached for comment, Haidilao said the brand was “still an experiment” Bargain store exppansion The climate has also given rise to a new breed of discount stores, a relatively new phenomenon for China, whose emergence are also spurring larger rivals to announce big price cuts.

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Woolworths sees higher sales despite Big W, other business’ sales decline

Inside Retail

The supermarket chain witnessed its sales increase 5.3 “Importantly for our customers, inflation in our food businesses continued to moderate over the quarter driven mainly by deflation in fruit and vegetables and meat as lower input costs in these categories have led to lower retail prices,” said Banducci.

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What retailers need to know about the latest battle over supermarket prices

Inside Retail

The Australian Competition and Consumer Commission’s (ACCC) allegations that Woolworths and Coles breached the Australian Consumer Law by making misleading claims about discounts come as retailers head into their most promotional period of the year and serve as a warning to the wider industry.

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Why supermarkets are stocking breakout and trendsetting brands on their shelves

Inside Retail

Recently, the supermarket beauty aisle has undergone a makeover of sorts, with Australia’s leading supermarkets Coles and Woolworths now stocking digitally native self-care products. This sentiment about the demand for efficacious products at a budget-friendly price point is shared by the co-founder of tbh skincare, Rachael Wilde.